GoldMining Inc. Options Almaden to NevGold

GoldMining Inc. (TSX: GOLD; NYSE: GLDG)

Announced that it has entered into an option agreement with NevGold Corp. and its subsidiary (TSXV:NAU) whereby NevGold’s subsidiary may acquire a 100% interest in the Company’s Almaden Project, located in Idaho, U.S.A.

The Agreement provides for total cash and/or share consideration to the Company from NevGold of up to C$16.5 million. [..] Continue reading

GoldMining Inc. Issues a Letter to Shareholders

GoldMining Inc.  (TSX: GOLD / NYSE American: GLDG)

Issued a letter from its Chairman, Amir Adnani, updating shareholders on the Company’s progress in advancing and unlocking value from its portfolio of assets while enhancing a peer leading balance sheet which includes cash and holdings in Gold Royalty Corp.  […]  Continue reading

GoldMining Announces US$20 Million Non-Dilutive Facility

GoldMining Inc. (TSX: GOLD; NYSE American: GLDG)

Announced that it has received a commitment for a US$20 million loan facility with Bank of Montreal.

The Facility will be subject to an interest rate of 3-month USD LIBOR plus 5.65% per annum and customary margin requirements. The Facility will have a maturity of one year, may be extended for an additional one-year period, subject to lender approval, Continue reading